Note: In this article you can find the cheapest super funds and the cheapest super pension funds. The fees listed relate to the balanced investment option of the particular public offer super fund. Balanced option is defined as having 60 to 76% of investments in growth assets, which means some super funds may describe ... Read more
Comparing super funds
Which superannuation fund is the most suitable for you? In this section, you can learn how to compare super funds in 8 steps, where to find the latest information on fund performance and investment options, and how to discover, and compare, other important features of super funds, such as cost-effective life insurance cover, reasonable super fund fees, and other member services.
If you have not chosen your super fund, then your employer’s super contributions have been paid into a MySuper account, selected by your employer or as stipulated in an industrial award or enterprise agreement. What then happens to your employer’s super contributions (Superannuation Guarantee) when you change jobs?
In this section, you can also discover whether you have the right to choose/change your super fund, and the steps you need to take to make that happen.
Click on the links below for more information on comparing super funds:
- Types of super funds
- MySuper and your super
- Comparing super funds in 8 steps
- Choosing a super fund (fund choice)
- How do I complete a Standard Choice Form?
- Investment performance
- Super fees and charges
- Insurance and super
- Considering an SMSF
Below are some of our key Comparing super funds articles:
Set out below are all SuperGuide articles referring to Comparing super funds.
MySuper: Now at a super fund near you
If you believed the federal government’s public relations campaign, MySuper should have delivered you the equivalent of nirvana in superannuation – low fees, strong investment performance, financial security and a worry-free retirement. Pardon? You didn’t see the government’s MySuper publicity campaign? I am not ... Read more
Fund choice: Comparing super funds in 8 steps
We receive many questions from readers asking about particular superannuation funds and whether we think fund A or fund B is a good super fund. We are an information site, rather than advisory service so we cannot provide advice on the merits of a particular fund, but we can give you some guidance on how to assess ... Read more
Industry funds outperform retail funds for 2017/2018 year, and longer term
Note: This article compares the investment performance of industry super funds and retail super funds for the 2017/2018 financial year, and over 5 years and 10 years to 30 June 2018. You can also access the performance data, and comparison of performance for industry funds and retail funds going back 8 financial years ... Read more
Four reasons to buy insurance inside your super fund
Choosing the right level of insurance cover within your super fund is one of the three big decisions you make when joining a fund, along with choosing your investment options, and deciding how much you want to contribute to your fund. We explain the types of insurance options available within your super fund in ... Read more
Comparing super funds: Who’s who in the super zoo?
Note: We regularly update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority. This article contains the latest data available, released on 29 May 2018 (for data as at 31 March 2018). Unless you work in the superannuation industry, how the world of super ... Read more
Monthly Superannuation Returns Performance Reckoner (for 5 investment options)
You can find out the median monthly investment return of the 5 main investment options available in Australian super funds for at least the past 4 calendar years (from January 2014 through to the latest monthly results). You can also check out our SuperGuide article Investment performance: Latest monthly super returns ... Read more
Super funds gain 9.4% for 2017/2018 financial year
Note: This article provides comprehensive investment performance data for the 2017/2018 financial year, and for the previous 8 financial years. You can discover the performance results for the most popular superannuation fund investment option (Growth: 61-80% in growth assets), and also the performance results for the ... Read more
Life insurance and super: 10 facts you should know
One of the better deals in superannuation has only a slight connection to your life in retirement. Life insurance cover within super funds rarely makes the headlines but for many Australians they are getting cost-effective cover from their super funds. Life insurance is insurance that pays out in the event that you ... Read more
Superannuation Investment Performance Reckoner: Discover annual returns for 5 investment options
Note: The SuperGuide Investment Performance Reckoner is split into 2 Reckoners. You can discover the investment returns over 1, 3, 5, 7 and 10-year periods for the past 9 financial years, including the latest financial year. You can also discover the calendar year returns over 1, 3, 5, 7 and 10-year periods for the ... Read more
Top 10 performing super funds for 2017/2018 financial year (and previous years)
Note: This article lists the top 10 performing growth super funds for the 12 months to 30 June 2018, and also lists the top 10 growth super funds for each of the previous 7 financial years going back to the 2010/2011 year. For the top 10 performing growth super funds over 10 years going back 7 financial years, see ... Read more
Guest contributor: You don’t need $1 million in super to start an SMSF
Guest contributor: Meg Heffron, the author of this article, is co-founder and a Director of Heffron SMSF Solutions – a firm that specialises in SMSFs. She is a qualified actuary with more than 25 years of superannuation experience. Depending on who you believe, self-managed superannuation funds range from being the ... Read more
